PBOC to inject 10bn through 28-day reverse repos

FXStreet (Bali) - According to traders, via Reuters, PBOC will be injecting funds in the tune of 10bn through 28-day reverse repos, despite earlier headlines that suggested PBOC wouldn't participate in Open Market Ops (OMO).

Feb 1, 2016

USD/JPY: Bulls fighting hard to regain 200-DMA

A renewed bout of buying interest was seen around the USD/JPY pair over the last hours, especially with the Caixin Chinese manufacturing PMI coming in better than estimates.

Asian stocks extend post-BOJ rally, China keeps the red

Most major Asian markets are seen extending the post-BOJ’s surprise move inspired gains and move further away from multi-month lows. While the Chinese equities are back in the red, snapping Friday’s rebound, on the back of re-emergence of China slowdown fears.